×

Business

Fed raises key rate by half-point and signals more to come

WASHINGTON (AP) — The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come. But it announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of ...

Americans say holiday gifts harder to afford

More than half of U.S. adults say it’s harder to afford the holiday gifts they want to give this year. Sixty-nine percent of them say they have seen higher prices for holiday gifts in recent months, up from 58% last year, according to a new poll from The Associated Press-NORC Center for ...

Fusion breakthrough is a milestone for climate, clean energy

WASHINGTON (AP) — Scientists announced Tuesday that they have for the first time produced more energy in a fusion reaction than was used to ignite it — a major breakthrough in the decades-long quest to harness the process that powers the sun. Researchers at the Lawrence Livermore National ...

Shoppers, workers clash over post-pandemic expectations

NEW YORK (AP) — Before the pandemic, Cheryl Woodard used to take her daughter and her friends to eat at a local IHOP in Laurel, Maryland after their dance practice. But now they hardly go there anymore because it closes too early. “It is a little frustrating because it’s not as ...

Police arrest man wounded in Oklahoma pot farm slayings

The survivor of a shooting at an Oklahoma marijuana farm that killed four people has been arrested after being released from a hospital where he was treated for gunshot wounds. Yifei Lin, 44, was arrested Wednesday after the Oklahoma Bureau of Narcotics filed notice to seize the farm west of ...

Fight to curb food waste increasingly turns to science

Hate mealy apples and soggy french fries? Science can help. Restaurants, grocers, farmers and food companies are increasingly turning to chemistry and physics to tackle the problem of food waste. Some are testing spray-on peels or chemically enhanced sachets that can slow the ripening ...